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Apple Plans to Launch Apple Pay in Canada This November

Apple Plans to Launch Apple Pay in Canada This November

Posted April 17, 2015 at 4:04pm by iClarified
Apple is planning to launch Apple Pay in Canada this November, reports the WSJ. This would be the first time that the mobile payments service becomes available outside the United States.

The company is in negotiations with Canada’s six biggest banks about a potential November launch of the service which would enable mobile payments for both credit and debit cards using iPhones and the forthcoming Apple Watch, those people said. The banks are open to an agreement, but they aren’t happy with Apple’s fee proposals and are concerned about security vulnerabilities like the ones that U.S. banks experienced as they rolled out the service, the people said.

The banks who are said to be in discussions with Apple include: Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, Canadian Imperial Bank of Commerce and National Bank of Canada. Those banks make up 90% of retail banks in the country and would make Apple Pay available to nearly everyone.


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Apple Plans to Launch Apple Pay in Canada This November
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Comments (3)
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Techno
Techno - April 17, 2015 at 4:36pm
What's the difference, the Government will take 49.999% off the top for their social needs.
dk2013
dk2013 - April 17, 2015 at 7:09pm
Lucky them, it seems to be working pretty well, doesn't it?
gamerscul9870
gamerscul9870 - April 17, 2015 at 8:27pm
Difference of what? Not to mention government can't bypass credit card info without fingerprints.
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